Brits are still splashing the cash amid soaring inflation, with retail sales estimated to have increased by 0.3 per cent last month off the back of non-food splurging. The main driver of sales was online, with non-store selling volumes up by 2.3 per cent, while food store sales were down by half of one per […]
The Church of England is divesting from fossil fuels in its multibillion pound endowment and pension funds over climate concerns and what the church claims are recent U-turns by oil and gas companies. The church said it was abandoning oil and gas companies and all firms primarily engaged in the exploration, production and refining of […]
Amazon has announced more than 100 new apprenticeships in organisations across the creative industries, doubling its creative industries apprenticeship levy funding to £2m. This funds apprenticeships across the sector including the BRIT Trust and the Association for Independent Music and Women in CTRL; a Screen Skills flexible apprenticeship pilot to support both Amazon Original productions […]
A fresh round of rail strikes is set to disrupt national networks during July, after the RMT union announced that 20,000 workers would stage three days of walkouts. The announcement dashes any hopes of an imminent resolution to a bitter labour dispute that has caused frequent disruption to rail lines across the country during 2023. […]
The Bank of England has raised interest rates by a half point to 5% as it intensifies its efforts to tackle stubbornly high inflation, adding to the strain on households struggling with soaring mortgage costs. In what will be seen as a major move, the Bank’s monetary policy committee increased rates for the 13th consecutive […]
Breadcrumb Trail Links Retail & Marketing News Regulators contend bread price-fixing scheme began in 2001 and spanned at least 14 years Get the latest from Barbara Shecter straight to your inbox Sign Up Loaves of Canada Bread Co. Dempster’s multigrain bread at a grocery store in Vancouver. Canada Bread has settled allegations it took part […]
Hundreds of businesses including high-street heavyweights WH Smith, M&S and Argos have been named and shamed after being fined for failing to pay workers the minimum wage. Firms from sole traders to household names were ordered to repay 63,000 staff lost wages totalling close to £5m, after breaching National Minimum Wage (NMW) law. WH Smith […]
The cost of renting a home has climbed to its highest in a decade, with rents having risen faster than wages in every month for almost two years. Moreover, renters are being told to brace for affordability to get even worse amid a shortage of homes to let, which likely will be compounded over the […]
Consumer price inflation failed to fall last month, piling pressure on the Bank of England to carry out an oversized increase to borrowing costs tomorrow to tackle stubbornly high prices. Official figures showed that annual headline inflation remained steady at 8.7 per cent last month, defying expectations of a fall to 8.4 per cent that […]
Exergyn, an industry-leading cleantech company, has today announced the creation of 15 new roles in line with the opening of its new office in Rugby, Eastern Warwickshire. Exergyn invested £500,000 in the new centre, redesigning it for its new purpose, which will indirectly support more jobs in the region, and allow the company to benefit […]